/Companies

&Volume

500 Global '25

Founded 2025 · 4 employees on LinkedIn · 1 known investors

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&Volume builds risk-management infrastructure for digital asset holders and managers. Its platform combines portfolio risk monitoring, opportunity identification, and capital movement into a single layer driven by AI models.

Also known as &Volume · nVolume

Founders & leadership

&Volume was founded in 2025 by Andrei Gorshkov, Ilia Kraev, Nick Oynoyan, and Vasily Kolevatov.

AGAndrei Gorshkov
Andrei GorshkovCo-founder · Chief of ResearchAndrei Gorshkov has applied expertise in mathematics, programming, and financial data analysis to algorithmic trading and currently leads &Volume, a risk-management platform for digital asset holders.
IKIlia Kraev
Ilia KraevFounder & CEOIlia Kraev has built and exited multiple fintech and proptech companies and previously worked at Google and the United Nations. He is the founder of &Volume, which develops risk-management infrastructure for digital asset holders.
NONick Oynoyan
Nick OynoyanCo-FounderNick Oynoyan has worked across markets in China, the US, UK, and EU, and has a background as a semi-professional footballer in the UK and Switzerland. He is co-founder of &Volume, which builds risk-management infrastructure for digital asset holders and managers.
VK
Vasily Kolevatov

Investors · 1

500 Globallisted by 500 GlobalPalo Alto · $150K

How we know: open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · open dataset · 500 Global portfolio 2026-08 · Not right? Tell us

Company profile

researched Sep 2026

&Volume operates a software layer for institutional digital asset portfolios. It normalizes data across exchanges, custodians, protocols and strategies to produce a unified, real-time view of holdings, then monitors risk, compares uncorrelated opportunities and rebalances capital among them. Product areas described on the company's site include a portfolio overview with allocation breakdowns by asset class (derivatives, spot, cash and stablecoins, other) and by connected venue or account, continuous monitoring of protocol, market, correlation and counterparty risk expressed as a composite risk score with target tolerance ranges, what-if projections for price shocks, and an opportunity comparison view covering items such as basis capture, stablecoin carry and funding arbitrage.

The action layer provides AI-assisted recommendations together with an execution workflow structured as review, simulate, approve and execute. Users choose their level of automation between a Co-Pilot mode, in which the system advises and the user approves, and an Autopilot mode, in which the system executes within user-defined risk limits. Assets remain with the customer's existing custodians while &Volume supplies automated risk and allocation support.

The company positions the platform around institutional use cases: earlier detection of market, protocol, liquidity and counterparty risk, faster decisions from fragmented data, deployment of idle capital into yield, lending, liquidity and strategy opportunities, reduced dependence on a single asset or market regime, and managing more strategies without expanding internal research and risk headcount.

Business model

&Volume provides a software layer that connects to a client's existing accounts at exchanges, custodians, wallets and protocols rather than taking custody of client assets, delivering risk monitoring, opportunity comparison and AI-assisted rebalancing and execution workflows on top of them.

▸Full profile — market position, technology, go-to-market

Market position

&Volume presents itself as a single risk and allocation layer spanning the core infrastructure of digital asset markets — custodians, exchanges, quantitative strategy providers, lending protocols, liquidity venues, wallets and tokenized funds.

The platform combines risk monitoring, opportunity identification and capital reallocation in one layer while leaving assets with the client's existing custodians, and lets users select the degree of automation from AI recommendations requiring approval to autonomous execution inside preset risk limits.

Technology

The platform ingests and normalizes data across exchanges, custodians, protocols and strategies into a single real-time view, applies continuous monitoring of protocol, market, correlation and counterparty risk, computes a composite risk score against a target range, runs what-if scenario projections (for example a 20% move in ETH price and its expected 30-day portfolio impact), and generates AI-backed allocation recommendations with stated expected impact and confidence, executed through a review/simulate/approve/execute workflow in either advisory (Co-Pilot) or bounded-autonomy (Autopilot) modes.

Go-to-market

Institutional allocators and managers of digital assets, specifically family offices, asset managers (including those requiring regulated access and real-time risk oversight), corporate treasuries, and pension funds.

Compiled by commissioned research from 3 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 20264

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Legal entities · 1

corporate structure
&VolumeNo. SC795191 · active

Companies House · registry record

View on Companies House ↗
Registered name
&VOLUME LTD
Company number
SC795191
Status
Active
Company type
Private limited company
Incorporated
15 Jan 2024
Registered office
3 Hill Street, 3f1 Third Floor, Edinburgh, Midlothian, EH2 3JP
Nature of business (SIC)
62090 — Other information technology service activities72190 — Other research and experimental development on natural sciences and engineering
Accounts
last made up to 31 Jan 2026 · next due 31 Oct 2027
Confirmation statement
last made up to 19 Apr 2026 · next due 3 May 2027

Current officers · 2

  • Nicolas Achod Oynoyan — secretary, appointed 15 Jan 2024
  • Nicolas Achod Oynoyan — director, appointed 19 Feb 2024

Source: Companies House public register · retrieved 20 Sept 2026. Contains public sector information licensed under the Open Government Licence v3.0.

▸Research sources · 3

primary sources listed

3 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does &Volume do?
&Volume is an AI risk and allocation layer that unifies digital asset holdings across exchanges, custodians and protocols.
Who founded &Volume?
&Volume was founded by Andrei Gorshkov, Ilia Kraev, Nick Oynoyan, Vasily Kolevatov in 2025.
Who are &Volume's investors?
&Volume's investors include 500 Global.